UAE Unveils World’s Largest Silver Bar, Breaking Guinness World Record
The Dubai Multi Commodities Centre (DMCC) has unveiled the world’s largest silver bar, weighing 1,971 kilograms, marking another milestone in the UAE’s growing prominence in the global precious metals industry. The bar, refined entirely in the UAE by Sam Precious Metals, was showcased at the Dubai Precious Metals Conference on November 25 and officially certified by Guinness World Records.
Measuring 1.3 metres and containing 63,369 troy ounces of silver with a 999.9 purity, the bar’s weight pays homage to 1971, the year the UAE was founded.
DMCC confirmed that the record-breaking bar will be securely stored by Brink’s, a leading global logistics company, and tokenised through Tokinvest, a platform regulated by the Dubai Virtual Assets Regulatory Authority (VARA). Each digital token will represent fractional ownership of the physical bar, which will be recorded on DMCC’s Tradeflow commodity ownership platform.
Officials highlighted that this marks the first time a Guinness World Record-holding precious metal has been tokenised under a regulated framework, merging traditional commodities with blockchain-backed financial innovation.
The unveiling coincides with surging global silver prices, which have recently risen above $55 per ounce due to tightening supply and increasing industrial demand. The London Bullion Market Association (LBMA) has warned of declining silver inventories in Western vaults, while demand from the solar energy and electric vehicle sectors continues to rise sharply.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said the project reinforces Dubai’s position as a global hub for precious metals refining, storage, and regulated digital asset infrastructure.
“By linking the physical bar to a regulated digital token, we are expanding investor access to institutional-grade bullion, allowing exposure to physical silver without the need for direct handling or storage,” Bin Sulayem said.
The silver bar will remain in Brink’s secure vaults in Dubai, and token holders will legally own a verified share of the specific bar, ensuring transparency, auditability, and legal clarity.
DMCC stated that this initiative represents a significant step forward in the tokenisation of real-world assets, bridging the gap between physical commodities and digital finance in line with Dubai’s economic vision.
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